The French group Ppr posted a growth of +11% in revenues as to 12,23 billions euros in 2011. The forecast for 2012 will be a strong growth of the turnover. A significant support was made by the luxury pole, in particular Gucci sales contributed to an increas of 18,7% at current exchange rates, while the operating margin reached the record of 30,2%.
François-Henri Pinault (in the photo), CEO of the group, announced a change inside the Executive Board of Directors which now includes also Patrizio Di Marco (Gucci), Marco Bizzari (Bottega Veneta) and Franz Koch (Puma) too.
C.D.G.